U.S. | 22 Sept. 2015 Nominal Retail Sales Set to Slow Further, Thanks to the DollarThe rate of growth of chain store sales has levelled off in recent months, after slowing dramatically in the first four months of this year, almost certainly in response to falling prices for dollar-sensitive goods like household electronics. In the fourth quarter of last year, the Redbook recorded same-store sales growth
averaging 4.3%, but that has slowed to a 1-to-2% range since April.

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The rate of growth of chain store sales has levelled off in recent months, after slowing dramatically in the first four months of this year, almost certainly in response to falling prices for dollar-sensitive goods like household electronics. In the fourth quarter of last year, the Redbook recorded same-store salesgrowth
averaging 4.3%, but that has slowed to a 1-to-2% range since April.

Posted: 22nd Sep 2015 in 'U.S.'

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